Sold for £123,000.Guide Price = £80,000+

*For Sale By Online PublicAuction 17th April 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Vacant Ground Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 24th July 1978 (thus approximately 53 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Blakers Park are within easy reach. Transport links are provided by Moulsecoomb rail station.

Description
The property comprises a ground floor one bedroom flat situated within a mid terrace building arranged over ground and first floors.

Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom

Accommodation
Exterior
The property benefits from a rear garden.Note
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.

Planning
EPC Rating
F

Open House Viewings:
Viewing Schedule (No Booking Required) - Video Walkthrough Available

Monday 8 April 2024 11:00 AM - 11:30
Wednesday 10 April 2024 12:00 PM - 12:30
Saturday 13 April 2024 12:00 PM - 12:30
Tuesday 16 April 2024 12:00 PM - 12:30

This property is no longer available

Photos

1 bedroom flat for sale